explain using the principle of comtract law , the position of each parties involved in this scenario.

C. Contract Law Hypotheticals (only answer the hypothetical corresponding to your surname) - 35 MARKS Contract Law Case - Contract Hypothetical No. 2 Chuck wanted to sell his automobile on Craigslist and decided to post an ad with a ridiculously low price in order to generate a lot of interest. The online ad read as follows: "CHEAP car for sale. 1988 Honda Civic. Everything is in good working order. Only asking $200 but plan to accept the highest offer." As a result of this ad, Chuck received over 100 emails. In an effort to try to manage all the responses and work his way through them strategically, he looked at the responses in date order (prioritizing the ones he received on the first day that he put the ad online). Chuck decided to work his way down the list, starting with the very first response, until he found a buyer who was willing to pay at least $500 for his car. The first email he received was from Eric. Eric's email stated that he would pay $300 for Chuck' car if he immediately took the ad off Craigslist Chuck decided that $300 was not enough but wanted to see if Eric would go up in price. So, Chuck emailed Eric back and wrote that he'd accept $400. He also attached a picture of the car and added that the car had recently passed an Air Care inspection. Eric responded immediately (via his Blackberry) and agreed to pay $450 for the car. Eric and Chuck agreed to meet the very next day. When they met, Chuck was shocked to see how young Eric was. He asked Eric how old he was, and Eric responded, "Well, I am 15 but I am turning 16 next week and plan to get my driver's license right away." Chuck explained that he wasn't comfortable selling his car to "a child" and asked, "How were you planning to get this car back you your place anyway?" At this point, it was clear that the deal was not going to go through, and Chuck just got into his car and drove away. When he got home, Chuck decided to call the next 2 people on his list. He called Amy first. She offered $400 and mentioned that her present car had broken down recently. "Great, at least she is old enough to drive," thought Chuck. Chuck then called Luke. Luke explained that he couldn't go higher than $300 because he was broke. Chuck did not intend to accept an offer that was less than $400 but agreed to meet with Luke anyway. Luke was available to meet first so he and Chuck met at a local Starbucks. To Chuck' relief, Luke looked to be in his 40s. Immediately after they shook hands, Luke showed Chuck $300 cash. Chuck didn't take the money but explained that he really needed $400 minimum. Luke then explained that he might be able to come up with 100 bucks but needed 24 hours to see if one of his "deals" would go through. At this point, Chuck got a little nervous as he suspected that Luke was a shady character. So, Chuck told Luke, "I'll meet you back here tomorrow and, if you have the extra 100 bucks, the car is yours." Luke seemed happy with this arrangement and left. Little did he know that Chuck had no intention of returning to make a deal. Later that evening, Chuck met with Amy. Amy came over to Chuck' place after she got off work. Her friend dropped her off and left as Amy fully intended to buy Chuck' car. Amy handed Chuck $450 cash and asked, "So, do we TELUGU needed 24 hours to see if one of his deals" would go through. At this point, Chuck got a little nervous as he suspected that Luke was a shady character. So, Chuck told Luke, "I'll meet you back here tomorrow and, if you have the extra 100 bucks, the car is yours." Luke seemed happy with this arrangement and left. Little did he know that Chuck had no intention of returning to make a deal. Later that evening, Chuck met with Amy. Amy came over to Chuck place after she got off work. Her friend dropped her off and left as Amy fully intended to buy Chuck car. Amy handed Chuck $450 cash and asked, "So, do we have a deal?" Chuck used a very simple agreement of sale that he found online. In the agreement, it stated that he agreed to sell the car to Amy in exchange for $450. Chuck gave Amy the keys and she drove the car away. The next day, Amy called and was very upset. Apparently, the car broke down while she was driving home. She claimed that Chuck knew that the car was not in "good working order" and insisted that he give her the money back. She also claimed that she checked the title on the car and that it was not registered under Chuck' name. Chuck just hung up on Amy. At that moment, Luke called. He explained that he got the extra 100 bucks and wanted to come over to pick up his car. Chuck explained that the car was "gone". Luke then yelled, "What do you mean? We had a deal! I am going to sue you!" Explain, using the principles of contract law, the position of each of the parties involved in this scenario